CARTERET – The Borough Council ordered a $1.65 million reduction in the rejected 2009-2010 school budget last week. The council’s plan would save the average taxpayer nearly $200 from the school board’s proposed budget and $115 from what they paid this year, Mayor Daniel Reiman said.
Reiman said the defeated proposed school budget totaled $57,394,624, which called for a general tax levy of $23,840,278. The general fund tax levy will now be set at $22,190,278.
“We have enacted cuts without reducing any instructional positions or programs,” Reiman said. “We not only eliminated the increase, we cut into the budget,” he added. “We actually reduced taxes. This takes into account the economic times facing taxpayers and homeowners.”